Billionaire Bill Ackman's Billion-Dollar Bet on Amazon Isn't His Largest Position -- This One Is

When billionaire investor Bill Ackman makes a move, Wall Street pays attention. The founder of Pershing Square has built his reputation on high-conviction, concentrated bets -- often holding fewer than a dozen stocks in his portfolio. That approach has produced outsized returns over time.Lately, Ackman surprised many by revealing a massive billion-dollar stake in Amazon. For a longtime critic of big tech valuations, the move raised eyebrows. But what's more interesting is that Amazon isn't even Ackman's biggest position today. That honor goes to Uber Technologies (NYSE: UBER).So, what does this say about how Ackman invests? And what lessons can individual investors take away? Let's break it down.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool